Helping Clients With The Dodd-Frank Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2009 created a host of new criminal offenses to include:

Reckless disclosures of a systemic risk determination

Failure to clear and index swap transactions

Failure to register as futures commission merchants for swap transactions

Failure to register as a swap data repository

Failure to report a large swap transactions

Failure to register as a swap dealer or large swap participant

Failure to register a swap execution facility

Fraud and false statements related to a swap or commodity futures order

Insider trading relating to swaps and commodity futures

Fraud on the third party in a swap transaction

Violations of SEC cease and desist orders

Participating in a swap transaction with the party whose securities registration is suspended

Swap transactions with ineligible participants

Margin lending

Violations reporting requirement for rating agencies

Acting as an unregistered municipal adviser fraud

Finally, the new Bureau of Consumer Financial Protection (BCFP) has a host of its own unlawful acts relating to violations of federal consumer financial law, or to engage in unfair, deceptive or abusive practices.

Texas Dodd-Frank Defense Lawyers

In conjunction with the Dodd-Frank Act, President Obama created the Financial Fraud Task Force in the Department of Justice (DOJ) to aggressively investigate and prosecute those who commit financial crimes. The Securities and Exchange Commission has also stepped up enforcement efforts in the wake of the financial crisis.

Hilder & Associates, P.C., has advised and represented targeted individuals and businesses accused of complex fraud schemes in both the criminal and civil litigation context. We have also launched internal investigations to reveal fraudulent schemes of which the business or client was unaware and helped set up mechanisms to prevent such activities from the beginning.

Implications Of A Dodd-Frank Act Investigation

The frequency of prosecutions in this area is increasing, and the penalties are severe. The DOJ has criminally prosecuted defendants for perpetrating financial crimes and sought prison terms, which result in life sentences. Additionally, the Securities and Exchange Commission has investigated multiple investment fraud schemes and sought enforcement actions for numerous cases.

Contact Houston, Texas, Investment Fraud Attorneys

For more information or to schedule an appointment with an experienced lawyer regarding a Dodd-Frank charge, please contact us. You can call us toll-free at 888-659-8742 or locally at 713-234-1416.